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governance survey and are the basis for our discussion for the first 45 minutes of this edition of the "washington journal." good morning. today is saturday, september 29. we want to find out from you about divided government. are you in favor of it? would you prefer to see one party, two parties, three parties? one party versus divided government, your preferences is our topic for the first segment of the program. 202-585-3880 is our number for democrats. republicans can call us at 202-585-3881. independents, 202-585-3882. if you're calling outside the u.s., 202-585-3883. we'll show you those numbers throughout the segment. if you want to get in touch with us via social media, the address, twitter, twithtwith cspanwj. on facebook, it's facebook.com/cspan. if you want to send us an email, that address is journal @organize org. -- is journal @c-span.org. this is the gallup poll we're talking about. it's the gallup annual governance survey. they write while americans tend to lean toward one-party government over divided government in presidential election years, this year finds th
? . what happens if we do? think of 1995. and we had a government shutdown. the pressure on both sides was so intense ones the government shut down that they had a deal within three weeks. the market consequences are more significant out. it is inconceivable that if we go into january there will not be a settlement in january, early february, the latest. we hit the debt ceiling -- sealing interviewer it anyway. one side will have to blink. probably both sides will link to some degree. i have talked to people in financial markets in new york about how they would react to all of this. a lot of reaction is that if there is any deal, it will make our directive to january 1 those tax cuts and we will remove sequestration. what i am being told is that in the interim, the damage will not be that significant. for fiscal hawks, many of us have been saying for years, when do we get action? if it happens in december, that is better. if it happens in january, that is significant progress. i think they said it very succinctly. carlisle and azande wrote, ideally, policy makers that they would work a
, the role of government, and government, with an emphasis throughout on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses, among other noisy distracting things, 0 -- so we may all concentrate on what the candidates have to say. there is a noise exception now, though, as we welcome president obama and governor romney. [cheers and applause] [applause] >> welcome to you both. let's start the economy. let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? >> thank you very much. i want to thank the university of denver for your hospitality. there are a lo of -- lot of points i want to make. the first point i would like to make, is 20 years ago, i became the luckyest man on earth because michelle obama married me. i just want you to know, next year we will not be celebrating it in front of 40 million people. four years ago we went through the worst financial crisis since the great depr
announced in advance, will be three on the economy and e each on health care, the role of government, and governing with an emphasis throughout on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses, among other noisy, distracting things, so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama and governor romney. ( applause ) >> jim. >> lehrer: gentlemen, welcome to you both. let's start with the economy, segment one, and let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? you have two minutes, each of you have two minutes to start. a coin toss is determined, mr. president, you go first. >> well, thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality. there are a lot of points i want to make tonight but the most impor
to the failure of, for the federal government to give money to the states in this time of crisis, which president obama supported. but you know, i think you'd see independent women, as i said before, a growing block of women, not just progressives are democrats, democratic women, could you worry about the fact that their daughter, for example, might not have access to planned parenthood, which, by the way, is really about women's health, mammograms, and not just these hot-button issues of reproductive choice. so i do think the independent women voters are the canary in the coal mined in terms of the seeing a republican party that is not hospitable or open to women's health rights, and linked to that in order to control your economic destiny you need to control your health. host: michael is a political science major. >> i will begin with the article that ran on "the nation" frontpage. why have appointments gone by the wayside in this election? guest: president obama has faced obstruction but has not been as engaged with putting forward judges. by the way, the supreme court today may be years 2% of
and usa government doing too much. still the majority of americans, 54% continue to believe the government is trying to do too many things that should be left to individuals and businesses. the high as 61% this summer. four out of ten americans, 39% say the government should do more to solve the nation's problems. we want to turn to you and ask you what do you believe the role of the government should be in your life? let's listen to president obama as he answered that question in the debate this week to inspect the first role of the government is to keep people safe. that is the most basic function, and as commander-in-chief, that is something that i have worked on and thought about every single day that i've been in the oval office. but i also believe that government has the capacity, the federal government has the capacity to help open up opportunities and create ladders of opportunity and create frameworks' where the american people can succeed. the genius of america is the free enterprise system and freedom, and the fact that people can go out there and start a business, work on an id
the government faces trillion of dollars in debt. the left may be cute with a call to end funding for public broadcasting, but here's the homework the left should have done before they and president obama began their reflective aattacks. they are $388 million in assets now. in merchandise sales alone, it brought in $45 million, five times what it received in government grants. that little cute sesame workshop turns out to be a moneymaker producing hundreds of millions of dollars. we take all of that up tonight with former george bush senior adviser carl rove, and as well, the unemployment rate falling to 7.8%, employers adding just 114,000 jobs. we're talking about that, and, yes, big bird too with the congressional budget office with douglas holtz-eakin. any -- new reports two suspects were arrested in the assassination to the ambassador to libya and three other americans. the man who broke the story that the obama administration knew it was a well-planned terrorist attack within 24 hours. daily beast writer, eli lake, joins us. governor romney campaigning today in virginia and florida ridi
two plans. and by the way, if the government can be as efficient as the private sector and offer premiums that are as low as the private sector, people will be happy to get traditional medicare, or they'll be able to get a private plan. i know my own view is, i'd rather have a private plan. i'd just as soon not having the government telling me what kind of health care i get. i'd rather having a insurance company, if i don't like them, i can get rid of them and get a different insurance company. but people like to make their own choice. and the other thing we have to do for medicare, we have to have the benefits high for those who are low-income, but for high-income people, we're going to have to lower some of the benefits. we have to make sure this plan is there for the long-term. that's the plan i put forward. and by the way, the idea came not even from paul ryan or senator wyden, but it came from bill clinton's chief of staff. this is an idea that's been around a long time. which is saying, hey, let's not see if we can get competition into the medicare world, so that people can
't talk about 600,000 government workers added in the last two months, the largest number since the study's been done since 1948. he didn't talk about what you just talked about, 600,000 temporary. he talked about 7.8 for eight hours today. okay? 7.8. let's talk about how we get the 7.8. this election is too important to let one number that might be corrected next month determine the outcome of the election. >> i'm looking right at the sheet. government -- federal, state and local was only up 10,000. look, i know obama is going to crow about it. any president would crow about he needed some good news after getting walloped and having his clock cleaned at the debate. but my other point, jack -- >> larry, wait a minute, let me make one point. i've been reviewing businesses all week, 14 of them, okay, and not one of them is showing stronger growth in the third quarter than they did in the second. some are equal to the second, some are a little worse than the second. the economy was revised down in the second. it's implausible that you could be running at a 5% gdp growth rate, which is what t
's cyberinfrastructure. government officials overseeing cybersecurity and the former acting senior director for cyberspace at the national security council were among the speakers at this to our event. >> ladies and gentlemen, if i could have your attention, please. my name is mike swetnam and it is my distinct honor and privilege to welcome here today for the seminar on the supply chain threats a cyber issue that we have been discussing in and around washington for quite some time to read the potomac institute, for those of you that have not been here before, is a science and technology not for profit policy think tank if you will win the washington, d.c. area that focuses on how science and technology affect the national security. for quite some time we have studied issues in and around what people callasymmetric threats and most importantly, terrorism. this past year professor alexander and i released our second volume on al qaeda about 11 years after the first volume on al qaeda right before 9/11, and we would like to call your attention to it. there are copies available year and of cou
. the government add 1.3 trillion in the fiscal year that ended . worked out to 11,000 more to the household is the fourth straight year of 1 trillion dollars. these numbers are so mind boggling. the national debt is over 16 trillion dollars and that will no doubt with a big topic. >> brian: they had it on the nightly news and sean hannity in you could stand up. they were able to play a tape. the tape has been out but president obama in hampton university addressing an audience of a thousand and it was right in the wake of katrina and we all know what happened on katrina. >> steve: we certainly do. it will be interesting tonight will the moderator of the presidential debate will ask mr. romney about the 47 comment. will they ask about this particular video that shows then senator obama showing that the neglect of new orleans was racial. >> down in new orleans, where they still have not rebuilt 20 months later. there is a federal law when you get reconstruction money from the federal government called the staford act and when you get federal matter you have to give a 10 percent match from the
government, that washington seems to think is, um, you know, a good idea and ends up being counterproductive with a state like virginia that is growing, that has all the potential in the world but yet being held back because of its infrastructure shortcomings. so, yes, there's a lot we can do which is less and allow virginia to do more. >> moderator: mr. powell. powell: u.n., eric, you did not -- you know, eric, you did not support the stimulus the president initiated, however -- and, of course, i read so many things, i can't remember where i read it. i believe fredericksburg up to norb -- northern virginia. i may be wrong about that. >> you're wrong about that. >> well, let me finish. i let you finish, let me finish. in any case, you don't like government. you should just, like, resign, and i'll take over. [laughter] needless to say, government does have a role. i met people all over the district who, for example, in orange and culpepper counties, real people, human beings who couldn't get a connectivity for their cell phones, couldn't get their computer to work, couldn't call anybody. peop
in state government debts as well. now my final number: $50,000 is the median household income. so, we owe $12,000 more than we make. that means as a nation what we owe now exceeds what we have. that also means even if you confiscate all that we make every penny of its you would not come close to covering what we spend, any of it. that is the issue the guys should be hammering tomorrow night, how vulnerable we are. the guy would lays it out would not just be reframing the debate but setting off a firestorm. but one that need not concern him or us. as the fine of the mind in both political parties have told me, and, yes, there are still quite a few, to quote a certain vice presidential candidate, we can do this. listen to two guys on my fox business network show, which if you don't get you should demand, last night, retired democratic senator sam nunn and former republican senator bob bennett appears jointly on fox business network. each offering relatively modest proposals to fix this mess. listen closely. >> we particularly have to discuss, frankly, with the american people, that the enti
don't pay taxes and, in his words, are dependent on government, so he couldn't worry about them and their votes. >> in this case, i said something that's just completely wrong. and i absolutely believe, however, that my life has shown that i care about the 100% and that has been demonstrated throughout my life. this whole campaign is about the 100%. when i become president, it'll be about helping the 100%. >> brown: still, president obama was having none of it. >> from the day we began this campaign, we've always said that real change takes time. it takes more than one year or one term, or even one president. it takes more than one party. it certainly can't happen if you're willing to write off half the nation before you even take office. >> brown: with the economy dominating the campaign, and with 12 million americans still unemployed, it was clear the punching and counter-punching over jobs will only grow more intense. and there's still one more monthly employment report coming-- on november 2, four days before election day. to help break down the jobs numbers, i am joined by
who will vote for the president no matter what... who are dependent upon government, who believe that they are victims, who believe that government has a responsibility to care foemthem, who believe that they aree entitled to health care, to food, to housing, to you-name-it... and they will vote for this president no matter what.. and so my job is not to rry about those people. i'll never convince them they suld take personal responsibility and care for their lives. drilling is under way outside detroit house as police search for the body of jimmy hoffa. a man said that he saw someone something in a black bag years ago. busiest freeway angeles, a 10 mile the 405 is closing for the weekend. they are putting in a new bridge, a ramp, and a carpool lane. there will be no orange line e between vienna and east falls church on metro. no green line service between avenue and branch from 10:00 tonight until closing on sunday. shuttle buses will be available. red line trains will single n noma and fort totten. yellow line trains will single huntington and braddock road. no work on the blue
debates later on. maybe you two can negotiate that. if you cut government benefits -- a secretly recorded video of mitt romney at a private fund- raiser was made public -- let's take a look. >> 47% of the people -- who will vote for the president a matter what. who believe the government has responsibility to care for them. who believe they are entitled to health care and food and housing, you name it. that is an entitlement. >> texas -- in 2010, 30.5% of texans filing era -- return paid no income tax. there is no data on how many texans get government assistance, but the census bureau found 24% get social security. 20 -- 14% did retirement income. 5% disability bed -- benefits and 14% from strands. mr. cruz, do you believe that government has a responsibility to care for them? >> of course not. i agree with mitt romney when he says his comments were poorly phrased. keefe said they were in elegantly stated. i think there is a difference. part of the philosophy of president obama is trying to get as many americans as possible dependent on government so that the democrats can stay in power
on bail for one year, but could soon be remanded to prison. in syria, government forces have launched new attacks on the eastern suburbs in the capital of damascus. residents reported heavy shelling in areas overnight. fierce clashes set up a massive fire over the weekend in the city's historic central market. speaking to the pentagon, defense secretary leon panetta said it appears the assad regime could be moving its weapons stockpiles around the country to sit card against attacks. >> there have been, firing occuh resulted in the fatal wounding of an isaf soldier and the death of a civilian colleague. reports, with regard to some of these fights, there has been some movement in order for the syrians to better secure chemicals. while there has been some limited movement, again, the major sites remain in place, remain secure. >> venezuela is less than one week away from a presidential election. over the weekend, tens of thousands of people turned out four separate rallies led by the rival candidates. tensions escalated on saturday when three supporters of caprille were gunned down. at a r
of prevention, a goal to which both governments agree what a definition would be in practice. >> woodruff: i was reading today there was disagreement inside netanyahu's own government that the israeli foreign ministry concludes that the economic sanctions are hitting iran hard calling for another round of economic sanctions. is that significant? >> the economic sanctions are hitting iran the iranian economy is in trouble and the reason why we haven't seen results with regard to the iranian negotiating position is that the p 5 plus 1 has not put on the table anythi in the way-- the united states and the other five powers that have been negotiating have not put on the table significant sanctions related-- basically no sanctions relate other than the airplane parts. >> here i disagree with paul very much. the economic sanctions have been a wonderful success and an abysmal failure. they've been a success at raising the economic cost to the iranians but if their real goal is to compel the iranians to change the nuclear policy they've had no visible impact. so that's the rub. the assumption of san
and they think it's immoral that the federal government has the debt, they don't like the credit card debt that they are care inning their house. a good issue, if you look at all the polls across the spectrum, yes governor romney did very well in this focus group, but he did well across the board with all demographics. a good message that works with one group if it's really good and delivered well they work with all of them. megyn: that is the question about whether governor romney can keep this rolling and get momentum going now with the key voting groups that have been somewhat problematic for him thus far. chris stirewalt thank you. we have frank luntz coming up. we have overnight polling in the debate. with two polls we will debate what the campaign needs to do to bounce back. new developments. a contract fight at american airlines. it hats interrupted flights for 150,000 -fl travelers in just weeks. new worries about the fighting in syria along with growing foreign policy terrance. that's where the candidates are going next, they will debate foreign policy as a new report shows our co
for the president no matter what... who are dependent upon government, who believe that they are victims, who believe that government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it... and they will vote for this president no matter what... and so my job is not to worry about those people. i'll never convince them they should take personal responsibility and care for their lives. >>> this is fox 5 news at 10:00. >>> today marks 10 years since the d.c. sniper attacks began. if you lived in the d.c. region during those three weeks in october of 2002, you know firsthand the terror and fear sparked by john allen muhammad and lee boyd malvo. they killed 10 people and seriously hurt three others. tonight one of the survivors talks about the tragedy. >> there was a victim shot at point blank range five times by lee boyd malvo and lived to tell about it, paula rus -- paul la rusa. he says he values life more and is no longer haunted by nightmares. >> they say he stayed pretty straight on and just boom boom boom. >> this is
, a very different governing policy and a different philosophy. joe is very good on the attack, and trying to confuse the issues so that the person leaves the debate confused about who stands for what. my job is to make sure they are not confused about what we stand for and what they stand for. >> you have said olsen, a supreme court appellate lawyer, who won bush versus courgore, as -in. standin >> he is one of the best litigators in americate. he has studied joe biden's tapes and his style. host: he's been preparing for the debate with ted. in kentucky and that is the second of four debates. the first one in denver this wednesday between the president and mitt romney. fort meade is on a line for democrats, john, good morning. caller: good morning. thanks for taking my call. i have been a registered democrat all my life. my dad was a union electrician growing up in west virginia, the coal mining area. everybody is a democrat there. especially the last four years my opinion, i feel the administration is very weak. when the chinese are coming over here and winning contracts with stimulus mo
with the social media. it is fair to say that the chinese government said several times in a press conference and to foreign delegates that vice- president shi was injured in his back. i think that is enough. more importantly, i was interviewed many times by the media. i say i do not want to comment. there is nothing happening. they would cancel their trip. the police and the military would react unusual. there is no sign whatsoever. it seems like it is very odd that the chinese government is not famous for transparency. they sometimes want to cover things. but also ironically because of the vulnerability that doctor kissinger mention, they face a lot of challenges. for this problem, a successor is in big trouble. they were immediately announced -- you cannot cover. it is a huge liability and would cause further damage for the political system. no leader will be able to do that. usually they will reveal to the public within 12 hours. this is my take. this should be a lesson for us. i'm not defending the chinese government. china needs to follow to be responsible. he is already paralyzed and c
in changing our policy in afghanistan to count terrorism. we're trying to prop up a government in afghanistan. couldn't terrorism requires far less troops and focuses at striking against al qaeda sweledl as well as any taliban insurjents we might need for the purpose of our fight. i believe that the draw down in afghanistan is well positioned. i'm actually an advocate of something that is more accelerated. i have been for quite some time and i believe we focus on couldn't terrorism which risks less lives. >> we're going to go back on the economy. you say you support a comprehensive solution to the deficit that includes revenues and cuts in spending. can you name one program you've eliminated while you've been in congress? >> yes the s 22. i voted this is something the pentagon did not want but there were those advocating for it. i voted against the s22 which was cut by the way. i voted on a different alternative fighter engine that was not necessary as well and that was cut. and those are examples of programs that were cut. but whey don't want to do is what my opponent says he embraces the ry
] i think that we shouldn't look at it in terms where the government begins and ends. i think that we are saddled with an insurance system in this country because of what happened after world war ii, an insurance system to provide health care. other countries don't have that to the extent we do, even countries that do allow it. so we have this insurance system, and what the government's, i think, reasonable job is, to make sure that the insurance system allows enough access, um, so that people can be covered within a reasonable premium amount. and that's done simply by watchdog and certain regulations. now, the truth is whenever you have the government involved, you have a question of whether they're doing it as cheaply as possible. but that's why we're still using the insurance system. because hopefully now insurance companies -- how many of you got refund check, by the way, from your insurance company, right? because all these years they've been overcharging for administrative costs. um, and so insurance companies now will regulate by what's a reasonable amount of money to charge a
who are not in the government, it's incumbent on us to continue to encourage cooperation inside and outside. all of us have thoughts and suggestions to offer and some have technological expertise to land or policy expertise as well but it doesn't have to be done internally and it's terrifying when the government says we are here to help you. we are from the transparency community. we are here to help house well. with that i would like to thank all of the panelists. i would like to thank representative fisa and -- issa and quigly. please visit transparentycaucess for the next event and thank you all so much. [applause] i want to raise an issue that has been for two or three weeks specifically on the national security terms. you already are the oldest president in history and some of your staff say you were tired after your most recent encounter with mr. mondale. i recall president kennedy had to go days on end with bear minimum sleep during the cuban missile crisis. is there any doubt in your mind you would be able to function in such circumstances? >> not at all. i want you to k
, a governing and the economy. the moderator will open the segment with a question, then candidates will each have two minutes to respond. at the end, it romney in the president will have two-minute closing statements. live debate coverage tonight starts at 7:00 eastern with a preview. at the the debate, we will get your reaction with emails and tweets. all of that here at c-span. a quick look at previous presidential debates. george w. bush and al gore in 2000. >> by agreement, between the candidates, the first question goes to the governor. you have two minutes to respond. kitty was raped and murdered, would you favor an irrevocable death penalty for the killer? no, i do not. i think you know i have not favored the death penalty my entire life. it is one of the reasons we have the biggest drop in crime in any industrial state of america and the lowest murder rates. we have work to do in this nation. we of work to do to fight a real war, not a phoney war against drugs. that is something i want to leave it. -- to lead. even though the vice president has been at least allegedly in charge of th
again blasted romney's hidden camera comments on the 47% of americans he dubbed victims of government dependence. >> i don't think we can get very far with heed lookers who write-off half the nation as a bunch of victims who never take responsibility for their own lives. >> 47% people of the people -- >> the obama campaign turned romney's remarks into a devastating new ad playing the words under the faces of families and veterans. >> and they will vote for this president no matter what. so my job is not worry about those people. they should take personal responsibility. >> reporter: romney who has courted veterans two days in a row. he's seizing on new economic data. from 1.7% to 1.3. >> this is not just one quarter. this has been going on now for years. china is growing much faster than we, russia is growing faster than we. our economy needs to be reinvigorated. >> reporter: the labor department announced it undercounted nearly 400,000 jobs in 2011. meaning that 4.4 million jobs have been created since inauguration. but the president said there's still more work to do. >> we're not w
. >> i think every member here knows the purpose of the district government having control over our budget. >> reporter: phil mendelson introduced a bill on tuesday with all council members on board. that would basically allow voters to approve a change in the district's charter that would block federal control. >> we believe that is what it would do. the congress in the united states has a final say to vote the referendum up or down and hope that they will decide to take it back. >> reporter: the plan could not only give d.c. leaders full control of the budget, but also keep federal budget issues separate. >> it would keep federal disagreements over whatever issues are unrelated to the district government that result in a threat of or actual shutdown of the district government. the federal government tries to work out the disagreements. >> reporter: on the hill, congresswoman eleanor holmes norton made progress on budget autonomy. the council continues to support the efforts but believe that it's time to try something new. >> it allows us to produce a clean bill on our own. >> repo
the health- care system overnight, but one thing we can do is not rely on the government or the insurance companies. we can make this system more transparent so that you do not have to walk in blind when you choose your health care. if patients are increasingly frustrated with the problems of health care, know that a recent mayo study found that 46 percent of doctors feel they are burnt out. there is frustration on both sides. we have to face an important question now as a society. are we going to believe as a groups that patients have our right to know about the quality of their hospitals? for the first time, this information is being collected. if it brought there for the public more completely, if they could make -- if it was out there for the public more completely, they could make more informed decisions. host: yvonne and maryland accurate -- yvonne in maryland. caller: i have a question for you. i have a family member that is at a local hospital. they went in for a potassium replacement. i thought they would get it in the emergency room and just be there for one or two days. now the
in the paper that the turkish government has agreed to give a billion dollars to the egyptian government. i thought it was an interesting twist in things. i think it's clear the egyptian feel maybe the american money isn't going come. maybe there isn't the money. that's going change the influence. in that part of the world engagement is the proof or the disprove of the the sis that is involved here. you scrolled a situation next year or the year after at some point where ron iran says we have a nuclear weapon. the united states hasn't gone in or taken military action to stop it. do you think it u would be fundamentally damage together united states perception of power and leadership in the world not being able to write checks is damaging the perception in the world we understand played. >> that was too hypothetical for me. seriously, there's so many steps in there. >> it's just one. >> the united states doesn't top iran from getting a nuclear weapon, does that san diego message that we are incapable of controlling outcomes in a way that some people think we might have in the past through mi
the number one job of the government is to protect the people. now he is the executive chief commander. that is his no. 1 job in his branch of the government. he did talk about strengthening our military -- he did not mention anything about strengthening the military which mitt romney did mention that he was going to keep the government strong. my biggest issue is the economy right now, but also if you look at the middle east crisis, iran, libya, and some of these other countries, if war breaks out in the middle east, and with the oil problem and fuel shortages, if you think our grocery stores can get into when there is two or 3 inches of snow coming down, imagine getting our oil cut off, and this crisis with our american embassies being under attack. >> so when it comes to the economy, which was the discussion tonight, it did get anything from either of the candidates about what they were talking about as far as policy or anything like that? >> i would have to just say what the president said four years ago, if he could not cut the deficit in half, he does not deserve to run again. i
had truthers, birthers and now we've got jobbers, these people who don't believe the government data here and to those people i would quote carl sagan and say extraordinary claims require extraordinary evidence and there is simply no evidence that anybody at bls did anything improper here. that number came down to 7.8% because of the household survey being very, very strong more than 800,000 jobs created in that survey. there's a technical reason for that i won't get into but that's what happened here. it's an unusual blip but it did happen and the data is real. >> to clarify, the bls is not a sort of partisan body. they sort of -- these are statitions who work through multiple administrations? >> yeah. these are career people who are economists who do this for a living. they have very, very serious. i know these guys. they take this very seriously. they don't work for hilda solis inside the department of labor. they're carved out in a separate unit. but bls is sort of culturally its own entity and there is not a shred of evidence they've manipulated this number or did so this time.
, but apparently we are going to cover it. >> before we get to that, the government of hollande is about to present it first budget. its expected to whicheverdelives of tax hikes. meantime european policymakers are appraising spain's reform plan. but today the government must brace for the results of the banking stress tests that will determine the recapitalization needs of the country's most troubled lenders. we have steve sedgwick following the story in thmadrid, but firs out to stefane in paris. it sounds like there will be a contrast with the spanish budget. it's tax hikes that seem to be the focus. >> in france it will be focus on tax hikes. that's the decision about to be announced by the french government. basically 20 billion euros in additional taxes in the budget for the next year. and only 10 billion euros in spending cuts. that's the plan to reach the deficit target. that's the best case scenario because the budget is based on a growth assumption of 0.8% which seems to be far too optimistic. plenty of private economists believe the french economy won't grow more than 0.3% next year. in
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